ONT/USDT is the journey really just beginning?

ONT from Binance Smart Chain (BSC), is also an interesting token and will be analyzed today. Chart-wise, we see a fresh prom queen on the weekly chart. Here, the relevant high has already been exceeded and thus the signal is activated.

Two signals are again at the start in this token. On the one hand, the queen is now supporting the bulls and additionally a PG has formed on the daily chart. This PG was now tested once on the upside but the breakout could not be held. In order not to run into a trap, it is safer to wait for a confirmation. I guess the second attempt on the upside will then give a decision. If, however, will break out on the underside, then a new dip would also be possible. Such a rapid collapse we have seen before on the weekly chart. The PG offers here a good trigger for a longer movement and that is what I am looking for.

Source: (Guidants/Godmode Trader) & JFD Broker & Binance

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ONT/USD Weekly Prom Queen and a Daily PG as a Trigger again

ONT/USDT is the journey really just beginning?

ONT from Binance Smart Chain (BSC), is also an interesting token and will be analyzed today. Chart-wise, we see a fresh prom queen on the weekly chart. Here, the relevant high has already been exceeded and thus the signal is activated.